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A comment on Rent Control Creates Higher Rents in SF. Parent comment

Re:Rent Control Creates Higher Rents in SF by cbhl on Monday March 16, 2015 @05:35PM (#9214562)
It's worth noting that San Francisco sets a much higher burden on new construction: it either charges the builder an "Affordable Housing Fee" (~$200k to $522k per unit), or it requires a certain percentage of units (12% of on-site or 20% of off-site) be made available for rental or sale at a price specified by the city ("below market rate").

http://sf-moh.org/index.aspx?page=308

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Re:Rent Control Creates Higher Rents in SF by mathattack on Monday March 16, 2015 @06:18PM (#9214844)
Same issue in NYC. So a couple people win a lottery to get subsidized housing, and can't ever move again, at the expense of the people paying full rent, the developers, and everyone else who can't afford housing.
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